Tiverton Bank Robber Pleads Guilty in Federal Court

PROVIDENCE, RI – A man who stole a car in New Bedford, Mass., in April 2018 and then used it as his getaway vehicle after robbing a bank in Tiverton, R.I., pled guilty in federal court in Providence today to a bank robbery charge.

Appearing before U.S. District Court Judge John J. McConnell, Jr., Cody Toolis, 28, admitted to the Court that on April 2, 2018, he robbed a branch office of Bank Newport in Tiverton of $460.

Toolis’ guilty plea is announced by United States Attorney Stephen G. Dambruch, Tiverton Police Chief Patrick W. Jones, and Harold H. Shaw, Special Agent in Charge of the FBI Boston Division.

According to court documents, a couple of hours prior to robbing the bank Toolis stole a vehicle from the home of a New Bedford woman. At approximately 9:15 AM, he entered the branch office of Bank Newport in Tiverton and handed a note to a teller that read, “Do not move, I have a gun, need $500 in 20’s, I am desperate.” The teller gave Toolis $460, after which time Toolis fled the bank. A witness told police she saw the robber leave the bank parking lot in a vehicle that police determined fit the description of the vehicle stolen in New Bedford.

As part of the investigation, Tiverton Police posted on social media a still-photograph taken from bank surveillance video of the robber. Various tips from the public and other police departments identified the person in the photograph as being Cody Toolis. One week later, on April 9, Toolis turned himself in to the Bristol, R.I., Police Department.

Toolis is scheduled to be sentenced by U.S. District Court Judge John J. McConnell, Jr., on November 5, 2018. Bank robbery is punishable by statutory penalties of up to 20 years imprisonment, 3 years supervised release and a fine of $250,000.

The case is being prosecuted by Assistant U.S. Attorney Denise M. Barton.

United States Attorney Stephen G. Dambruch acknowledges and thanks the Fall River and New Bedford, Mass., Police Departments, the Bristol Police Department and the Rhode Island Department of Attorney General for their assistance in the investigation and preparation of this case for prosecution in U.S. District Court.